SalaryNode

Average All Occupations Salary in Portland-South Portland, ME

In Portland-South Portland, ME, the average annual salary for All Occupations stands at $68,020, slightly surpassing the national average of $67,140. This competitive compensation reflects the unique economic landscape and demand within the region, which influences pay rates for its substantial workforce of 284,300 individuals.

Executive Summary

  • Average Salary: $68,020 per year.
  • Growth Trend: Salaries have shifted 21.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $109,890.
  • Outlook: The Portland-South Portland, ME job market for All Occupations demonstrates stability, evidenced by a total local workforce of 284,300. With a Location Quotient of 1, the concentration of these roles aligns with the national average, suggesting a balanced and consistent demand that supports the current employment levels.
2024 Market Data

Salary Overview

$68,020

The average All Occupations in Portland-South Portland, ME earns+1.3%above the national average.

BreakdownBased on 40h/week
Hourly

$32.7

Weekly

$1,308

Monthly

$5,668

All Occupations Salary Distribution in Portland-South Portland, ME

Salary progression for All Occupations in Portland-South Portland, ME typically scales significantly with experience. Entry-level positions may start at the lower percentiles, while senior or specialized roles command salaries in the upper percentiles, reflecting accumulated expertise and responsibility. The widening gap between these percentiles highlights clear opportunities for career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$35,180$16.9
ExperiencedProficient professional working independently.25% (Junior)$51,015$24.5
Mid-LevelEstablished expert. Standard market value.50% (Median)$53,280$25.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$85,025$40.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$109,890$52.8

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$68,020

Gross Pay

Real Wage (Purchasing Power)

$68,020

Adjusted for COL (100)

The nominal average salary of $68,020 in Portland-South Portland, ME aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of the local salary is equivalent to the national standard, offering a stable financial foundation for residents.

Job Market Context

284,300

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Portland-South Portland, ME has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1 for All Occupations in Portland-South Portland, ME indicates that the concentration of these jobs is precisely at the national average. This suggests a job market that is neither overly saturated nor unusually scarce, presenting a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Portland-South Portland, ME

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Portland-South Portland, ME?

The median annual salary for a All Occupations in Portland-South Portland, ME is $68,020. This typically ranges from $35,180 for entry-level positions to $109,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Portland-South Portland, ME is 1.3% higher than the national median of $67,140.

Is Portland-South Portland, ME a lucrative place for All Occupationss?

Yes, it offers competitive compensation.The average salary of $68,020 is slightly above the national average, and the cost of living is on par with the national average, indicating good purchasing power.

Is Portland-South Portland, ME a good place to live for All Occupations?

The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Portland-South Portland, ME?

Some top paying nearby cities include Lewiston-Auburn, ME ($60,500) and Central New Hampshire nonmetropolitan area.

How does the Portland-South Portland, ME salary compare to the national average?

The average salary for All Occupations in Portland-South Portland, ME is $68,020, which is slightly higher than the national average of $67,140.

What is the Cost of Living in Portland-South Portland, ME?

The Cost of Living Index in Portland-South Portland, ME is 100, which is exactly the national average.

How large is the workforce for All Occupations in Portland-South Portland, ME?

The total local workforce for All Occupations in Portland-South Portland, ME comprises 284,300 individuals.

Is there high demand for All Occupations in Portland-South Portland, ME?

With a Location Quotient of 1, the concentration of All Occupations jobs in Portland-South Portland, ME is at the national average, suggesting stable and balanced demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 284,300 employees in the Portland-South Portland, ME area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.